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DIS

Disney

$119.14 /

-1.77 (-1.46%)

, PTON

Peloton

$62.79 /

-0.31 (-0.49%)

10:09
07/16/20
07/16
10:09
07/16/20
10:09

Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Disney (DIS) downgraded to Market Perform from Outperform at Cowen with analyst Doug Creutz saying the accelerating spread of COVID-19 in the U.S. will have a "prolonged" impact on Disney's parks and film businesses. 2. Peloton (PTON) downgraded to Neutral from Buy at UBS with analyst Eric Sheridan saying he raised forward revenue estimates for both connected fitness product and subscription revenues as his industry checks point to better than expected trends for Peloton as COVID-19 stay at home measures continue to drive higher consumer adoption of at-home fitness. 3. Cisco (CSCO) downgraded to Neutral from Overweight at JPMorgan with analyst Samik Chatterjee saying he expects "limited investor enthusiasm" for the shares in the absence of visibility into a return to revenue growth amidst continuing headwinds to enterprise spending in the backdrop of an uncertain macro. 4. Aramark (ARMK) downgraded to Sector Perform from Outperform at RBC Capital with analyst Seth Weber saying he stuck with his positive stance on the stock despite the company's exposure to outbreak-impacted vertical of Education, Business & Industry, and Sports & Leisure, but COVID-19 related headwinds will be an overhang for longer than expected. 5. PNC Financial (PNC) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Brian Klock citing the Q2 miss and sees a lack of a near-term use for excess capital and revenue pressures continuing. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

DIS

Disney

$119.14 /

-1.77 (-1.46%)

PTON

Peloton

$62.79 /

-0.31 (-0.49%)

CSCO

Cisco

$45.48 /

-0.92 (-1.98%)

PNC

PNC Financial

$102.63 /

+0.86 (+0.85%)

ARMK

Aramark

$22.20 /

-1.76 (-7.35%)

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DIS Disney
$119.14 /

-1.77 (-1.46%)

07/16/20 Cowen
Disney downgraded to Market Perform from Outperform at Cowen
07/13/20
Fly Intel: Top five analyst initiations
07/13/20 Goldman Sachs
Disney initiated with a Buy at Goldman Sachs
07/10/20 JPMorgan
JPMorgan has 'increasing conviction' in Disney returning to health
PTON Peloton
$62.79 /

-0.31 (-0.49%)

07/16/20 Barclays
Peloton price target raised to $74 from $50 at Barclays
07/16/20 UBS
Peloton downgraded to Neutral from Buy at UBS
07/13/20 Benchmark
Roku price target raised to $180 from $153 at Benchmark
07/08/20 Rosenblatt
Netflix price target raised to $445 from $370 at Rosenblatt
CSCO Cisco
$45.48 /

-0.92 (-1.98%)

07/16/20 JPMorgan
JPMorgan downgrades Cisco, expects 'limited investor enthusiasm'
07/16/20 JPMorgan
Cisco downgraded to Neutral from Overweight at JPMorgan
07/09/20
Fly Intel: Top five analyst upgrades
07/09/20 Morgan Stanley
Morgan Stanley upgrades Cisco to Overweight with discount to S&P at 10-year high
PNC PNC Financial
$102.63 /

+0.86 (+0.85%)

07/15/20 Keefe Bruyette
PNC Financial downgraded to Market Perform from Outperform at Keefe Bruyette
06/05/20 Wells Fargo
PNC Financial price target raised to $148 from $121 at Wells Fargo
06/05/20 Wells Fargo
Bank of America price target raised to $35 from $30 at Wells Fargo
05/18/20 Standpoint Research
PNC Financial initiated with an Accumulate at Standpoint Research
ARMK Aramark
$22.20 /

-1.76 (-7.35%)

07/16/20 RBC Capital
Aramark downgraded to Sector Perform from Outperform at RBC Capital
07/16/20 RBC Capital
Aramark downgraded to Sector Perform from Outperform at RBC Capital
06/10/20 Bernstein
Aramark downgraded to Market Perform from Outperform at Bernstein
03/23/20
Fly Intel: Top five analyst upgrades

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